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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
SURBURBAN LODGES OF AMERICA, INC.
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(Name of Issuer)
COMMON STOCK $0.01 PAR VALUE PER SHARE
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(Title of Class of Securities)
864444104
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(CUSIP Number)
Check the following box if a fee is being paid with this statement
x . (A fee is not required only if the filing person: (1) has a
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previous statement on file reporting beneficial ownership of more than
five percent of the class of securities described in Item 1; and (2)
has filed no amendment subsequent thereto reporting beneficial ownership
of five percent or less of such class.) (See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be subject to all
other provisions of the Act (however, see the Notes).<PAGE>
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CUSIP No. 864444104
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1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
David E. Krischer
###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b) x
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5. SOLE VOTING POWER
2,825,203
6. SHARED VOTING POWER
NONE
7. SOLE DISPOSITIVE POWER
2,825,203
8. SHARED DISPOSITIVE POWER
NONE
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,825,203
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
N/A
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
33.05%
12. TYPE OF REPORTING PERSON*
Individual
___________________________
*SEE INSTRUCTION BEFORE FILLING OUT!<PAGE>
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13-G
Information Statement Pursuant to Rules 13d-1 and 13d-2
ITEM 1.
(a) The name of the issuer is Suburban Lodges of America,
Inc. (the "Company").
(b) The Company's principal executive offices are located
at 120 Interstate North Parkway East, Suite 120,
Atlanta, Georgia 30339.
ITEM 2.
(a) This Schedule 13G is filed on behalf of David E.
Krischer (the "Reporting Person").
(b) The Reporting Person's principal business address is
120 Interstate North Parkway East, Suite 120,
Atlanta, Georgia 30339.
(c) The Reporting Person is a citizen of the United States
of America.
(d) The class of securities being reported on hereunder is
the Common Stock, par value $0.01 per share, of
the Company (the "Common Stock").
(e) The CUSIP number of the Common Stock is 864444104.
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE
13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON
FILING IS A:
Not Applicable.
ITEM 4. OWNERSHIP
The Reporting Person beneficially owns 2,825,203 shares
which represents 33.05% of the Company's Common
Stock and of which:
(a) 2,825,203 shares are subject to the Reporting Person's
sole power to vote;
(b) No shares are subject to the Reporting Person's shared
power to vote;
(c) 2,825,203 shares are subject to the Reporting Person's
sole dispositive power; and
(d) No shares are subject to the Reporting Person's shared
dispositive power.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not Applicable.
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ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON.
Not Applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY
THE PARENT HOLDING COMPANY
Not Applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP
Not Applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable.
ITEM 10. CERTIFICATION
Not Applicable.<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
May 29, 1996
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Date
/s/ David E. Krischer
David E. Krischer
